38, SCHOOL ROAD, COPFORD, COLCHESTER, CO6 1BU - £925,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 SCHOOL ROAD is a very large extended detached house of 211m², built sometime between 2007 and 2011, which could now be worth an estimated £882,449. It was last sold for £925,000 in November 2022, which was around 76% above the average November 2022 detached price in the Colchester local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

38 SCHOOL ROAD Sold Prices

Land registry data shows two sales for 38 SCHOOL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two 38 SCHOOL ROAD sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 NOV	£925,000	£526,460	76% above HPI
2008 20 MAR	£249,500	£304,742	18% below HPI

38 SCHOOL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 38 SCHOOL ROAD sales from March 2008 and November 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2022 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 38 SCHOOL ROAD be worth now?

38 SCHOOL ROAD might now be worth an estimated £882,449.

This is based on house price deflation of 4.6%, between November 2022 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% deflationary decrease is applied to the most recent sale price for 38 SCHOOL ROAD of £925,000 on 18th November 2022. For the value to have decreased from £925,000 to £882,449 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 SCHOOL ROAD has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2022 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SCHOOL ROAD has not materially changed since November 2022.

How Large is 38 SCHOOL ROAD?

38 SCHOOL ROAD is 211m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Copford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Copford, and where 38 SCHOOL ROAD lies on this distribution: 87% of detached houses houses are smaller than 38 SCHOOL ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Copford.

38 SCHOOL ROAD: Plot and Title Map

38 SCHOOL ROAD sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of 38 SCHOOL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 SCHOOL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 SCHOOL ROAD?

38 SCHOOL ROAD is located in COPFORD, in the CO6 postcode district. The below map shows the position of No. 38 on SCHOOL ROAD.